Porsche Doubles Target for Deliveries of Electric Cars by 2025

Porsche set one of the industry’s most aggressive targets for selling plug-in hybrid and battery-powered cars, predicting the vehicles will make up as many as half of its deliveries by 2025 in a sign the shift to electric models is speeding up. The Volkswagen AG luxury brand is readying the all-electric Mission E sports car… Continue reading Porsche Doubles Target for Deliveries of Electric Cars by 2025

Organic growth strengthens transformation of the MAHLE Group

Strong organic growth of 6.4 percent Sales rise to EUR 12.8 billion Increase in earning power Ongoing consistent focus on dual strategy Fresh culture of innovation for the mobility of tomorrow Steady growth for MAHLE MAHLE again achieved a record high and consolidated its market position among the world’s 20 largest automotive suppliers. It is… Continue reading Organic growth strengthens transformation of the MAHLE Group

Study estimates traveling with Uber and Lyft will be cheaper than owning a car in some cities by 2027

Autonomous Uber test vehicles at the Advanced Robotics Group in Pittsburgh. (GeekWire Photo / Taylor Soper) The cost of owning a car could be less than traveling exclusively with rideshare services in Seattle and Denver by 2027, according to a new study by QuoteWizard. Two commuters — one in Seattle and one in Denver —… Continue reading Study estimates traveling with Uber and Lyft will be cheaper than owning a car in some cities by 2027

BMW China integrates BMW Connected into Tmall Genie.

Munich/Beijing. BMW Connected seamlessly integrates customers’ cars into their digital lives all over the world. And at this year’s Beijing Auto Show the BMW Group in China is demonstrating how BMW Connected has now been linked up to a Chinese ecosystem – through integration into Tmall Genie, the first smart voice assistant developed by Alibaba… Continue reading BMW China integrates BMW Connected into Tmall Genie.

Uber not interested in any more Grab-style deals, signaling its international retreat could be over

Uber will no longer take minority stakes in rival ride-hailing companies globally, a top executive at the company told CNBC on Wednesday, potentially signaling an end to its retreat from markets outside of the U.S. The company recently sold its Southeast Asia business to Singapore-based rival Grab in exchange for a27.5 percent stakein the firm.… Continue reading Uber not interested in any more Grab-style deals, signaling its international retreat could be over

Didi appoints one of its execs to lead ride-hailing service 99

Didi, the Chinese transportation behemoth that acquired Brazilian ride-hailing service 99 back in January, has replaced 99’s chief executive with one of its own, Recode first reported. Stepping in to replace Peter Fernandez is Tony Qiu, who most recently oversaw Didi’s luxury business. Before joining Didi, Qiu had stints at Morgan Stanley and Bain Capital. Fernandez… Continue reading Didi appoints one of its execs to lead ride-hailing service 99

INFINITI showcases design, technology and commitment at Auto China

Q Inspiration concept also makes Asia debut, showcasing the company’s new form language for an era of advanced powertrains INFINITI plans five new models in China by 2022, tripled sales and more than 200 outlets Company reaffirms commitment to electrification, with more than half of all global sales to be electric by 2025 BEIJING –… Continue reading INFINITI showcases design, technology and commitment at Auto China

India’s Jugnoo adopts a unique take on ride-hailing to help fill Singapore’s Uber void

Another contender is throwing its hat into the ring to replace Uber in Southeast Asia after India’s Jugnoo, a startup that specializes in offering autorickshaws on-demand in India, revealed it plans to enter Singapore. Uber announced its exit from Southeast Asia last month in a deal that sees Grab buy its regional business, and since… Continue reading India’s Jugnoo adopts a unique take on ride-hailing to help fill Singapore’s Uber void

DB Schenker tests Einride vehicle

The logistics group DB Schenker will test an Autonomous E-vehicle from Einride in Sweden. The company belonging to the railway, DB Schenker, is planning a test with Einride Vehicles off Sweden, DB Schenker Einride. Source: di.se Einride is a startup from Sweden, already with Lidl cooperates and now follows the cooperation partner DB Schenker. Starting… Continue reading DB Schenker tests Einride vehicle

Press Releases – Urban vehicle access regulations require EU stakeholder dialogue

Brussels, 25 April 2018 – Representatives of European cities and automobile manufacturers call on the European Commission to continue to support the ongoing dialogue between all players involved in urban vehicle access regulations (UVARs). Dialogue is necessary to assess the impact of UVARs on mobility, and to achieve a more coordinated approach across the EU.… Continue reading Press Releases – Urban vehicle access regulations require EU stakeholder dialogue